SB583 H JUD AM #1 2-24

Akers 3254

The Committee on the Judiciary moves to amend the engrossed committee substitute for the bill on page 7, section 1o, beginning on line 153, by striking subdivision (5) in its entirety and inserting in lieu thereof a revised subdivision (5) to read as follows:

“(5) The renewable electric generating facilities, energy storage resources, or both, constructed, purchased, contracted, owned, installed, and in service pursuant to an application approved by the commission shall be considered used and useful for rate recovery purposes.  Any concurrent cost recovery mechanism approved by the Commission shall limit the amount of cost to be recovered from any individual customer of the electric utility to a maximum of $1,000 per month; provided That this limitation shall not impact the electric utility's ability to recover all costs incurred pursuant to this section from other customers. Customers who have executed renewable special contracts or are taking power under renewable tariffs pursuant to an approved renewable electric facilities program are not subject to any such limits imposed by the Commission.”

Adopted

Rejected